Binance Stablecoin BUSD Is Now Available On Polygon

Binance USD (BUSD) is now available for deposits and withdrawals on the Polygon network, giving our users access to one of the fastest-growing stablecoins. BUSD, first issued on Ethereum and BNB chains, is now extended to Polygon to provide users with a fast and secure way to transfer the USD-backed stablecoin across different blockchains. The … Read more

Polygon Enables Instant USDC On-Ramps for Juno Users

Juno, which allows its users to earn, invest and spend their cash and crypto from one checking account, now supports instant on-ramps to USDC on Polygon. Juno App users can now purchase, sell, transfer, and receive USDC on Polygon without paying transaction fees. Users can instantly convert their fiat funds to USDC on Polygon by … Read more

New data regarding stablecoin activity says this about the market sentiment

The crypto market is facing a testing start to May. With the Feds announcement, the market has faced two major dips already with the latest being a 3.7% dip. Amidst this, there has been yet another statistic has come out that can cause a bit of worry and raise a lot of eyebrows. Stablecoins, namely … Read more

The U.S. already have a CBDC, just skip the “CB”

Few product announcements have stirred such activities among governments around the world as the then Facebook’s, now Meta’s, announcement of the then Libra, now the dead Diem, announcement. The prospects of having a private company with billions of users issue money was just too much for legislators. All of the sudden, everyone was planning a … Read more

Stablecoins total market cap just surpassed $150 billion

The adoption of stablecoins, digital assets whose values are pegged most commonly to the U.S. dollar, is spreading by the day as more and more private users and institutions appreciate the benefits of these tokens. As reported in a blog post by researchers Kyle Waters and Nate Maddrey at Coin Metrics, analyzing recent on-chain trends … Read more

USDC blacklist cost users an extra $3.6 million – per month

Stablecoin USDC is getting increasingly popular among crypto users and ditto institutions, so much so that USDC, the second-largest stablecoin by market cap, is on a steady streak narrowing the distance to market leader, Tether’s USDT. Just this week, USDC broke the $50 billion mark chasing USDT’s $70 billion in total market cap. Deployed in … Read more

USDC supply surpasses USDT on Ethereum

The stablecoin market has seen explosive growth over the past years. The market has been and still is, dominated by Tether’s USDT coin. However, the rival stablecoin issued by Circle Inc., USDC, just flipped USDT on the Ethereum blockchain – the largest stablecoin platform. A Flippening refers to a change in the total market cap … Read more

Stablecoin reserves data reveals this about the ‘almost inevitable’ Bitcoin, Ethereum price trend

Re-visiting pre-set records, consolidating and correcting – this is typically how the last few days have looked like for most of the market’s top coins, including the likes of Bitcoin and Ethereum. Their prices have merely been see-sawing and haven’t taken a definitive turn yet. In fact, at press time, these two coins were trading … Read more

‘Beyond Bitcoin and Ethereum,’ this market leader has a position in…

Institutional investors warming up to Bitcoin and other digital assets has been one of the key highlights of the crypto-industry this year. Former critic Kevin O’Leary is one of them, with the Canadian businessman finally revealing his crypto-investments recently. In fact, O’Leary has been an admirer of Bitcoin and Ethereum, in particular, as well as … Read more

USDC on Ethereum: Why this could pose a threat to this alt

With a market cap of $62.75 billion at press time, Tether or USDT was the market’s 3rd most valuable crypto-asset. USDC, the other major stablecoin in the top 10, was ranked 8th with a market cap of ~25 billion. While USDT does have ~2.6x times the valuation, USDC is slowly climbing up the ladder in … Read more